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Aberdeen Group plc Has $4.07 Million Position in Jabil, Inc. $JBL

Jabil logo with Computer and Technology background

Key Points

  • Aberdeen Group plc increased its holdings in Jabil, Inc. by 131.6% during the second quarter, owning shares valued at approximately $4.07 million.
  • Jabil's most recent earnings report revealed an EPS of $1.99, which missed the consensus estimate of $2.92, despite revenues rising to $8.30 billion.
  • Insider trading activity included Chairman Mark T. Mondello selling 20,000 shares worth around $4.3 million, indicating a 1.43% decrease in his ownership stake.
  • MarketBeat previews the top five stocks to own by November 1st.

Aberdeen Group plc lifted its holdings in shares of Jabil, Inc. (NYSE:JBL - Free Report) by 131.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,639 shares of the technology company's stock after purchasing an additional 10,591 shares during the quarter. Aberdeen Group plc's holdings in Jabil were worth $4,065,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. GFG Capital LLC acquired a new stake in Jabil in the 2nd quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV acquired a new stake in Jabil in the 1st quarter valued at approximately $27,000. Groupe la Francaise raised its position in Jabil by 35.2% in the 1st quarter. Groupe la Francaise now owns 246 shares of the technology company's stock valued at $34,000 after buying an additional 64 shares during the last quarter. Golden State Wealth Management LLC raised its position in Jabil by 2,400.0% in the 1st quarter. Golden State Wealth Management LLC now owns 275 shares of the technology company's stock valued at $37,000 after buying an additional 264 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in Jabil in the 1st quarter valued at approximately $52,000. Institutional investors and hedge funds own 93.39% of the company's stock.

Jabil Stock Up 1.3%

JBL stock opened at $209.60 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 1.57. The business has a 50 day moving average price of $212.02 and a two-hundred day moving average price of $190.58. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 35.17, a P/E/G ratio of 1.47 and a beta of 1.26. Jabil, Inc. has a twelve month low of $108.66 and a twelve month high of $237.14.

Jabil (NYSE:JBL - Get Free Report) last issued its earnings results on Thursday, September 25th. The technology company reported $1.99 EPS for the quarter, missing the consensus estimate of $2.92 by ($0.93). Jabil had a return on equity of 68.63% and a net margin of 2.20%.The business had revenue of $8.30 billion for the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the prior year, the firm posted $2.30 earnings per share. The business's revenue was up 18.5% compared to the same quarter last year. Jabil has set its Q1 2026 guidance at 2.470-2.870 EPS. FY 2026 guidance at 11.000-11.000 EPS. Analysts anticipate that Jabil, Inc. will post 8.05 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Chairman Mark T. Mondello sold 20,000 shares of Jabil stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $214.84, for a total transaction of $4,296,800.00. Following the completion of the transaction, the chairman directly owned 1,380,190 shares in the company, valued at approximately $296,520,019.60. The trade was a 1.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Steven A. Raymund sold 13,432 shares of Jabil stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $223.11, for a total value of $2,996,813.52. Following the transaction, the director owned 86,396 shares of the company's stock, valued at $19,275,811.56. This represents a 13.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,416 shares of company stock valued at $18,367,889. 1.73% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on JBL shares. Zacks Research lowered Jabil from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 26th. Stifel Nicolaus started coverage on Jabil in a research report on Wednesday, July 2nd. They issued a "buy" rating and a $245.00 target price on the stock. UBS Group set a $241.00 target price on Jabil in a research report on Sunday, September 28th. JPMorgan Chase & Co. raised their price target on Jabil from $214.00 to $256.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Finally, Barclays raised their price target on Jabil from $223.00 to $267.00 and gave the company an "overweight" rating in a research note on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $248.43.

Get Our Latest Stock Analysis on Jabil

About Jabil

(Free Report)

Jabil Inc provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA).

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Institutional Ownership by Quarter for Jabil (NYSE:JBL)

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